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Row 44 Competitor Gets Funding Injection

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A major competitor to Westlake Village-based Row 44 , which develops Wi-Fi equipment for the commercial aviation market, has scored a big funding round this morning. Those investors include Ripplewood Holdings, Blumenstein/Thorne Information Partners and other investment entities associated with Oakleigh Thorne.

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Cynvenio Biosystems Gets Nearly $2M

socalTECH

Westlake Village-based Cynvenio Biosystems , a developer of high speed, bioseparation instruments for the life sciences market, has raised $1.96M in a Series B funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. The firm was co-founded by Frederick W.

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Gevo Sets Range For IPO

socalTECH

Gevo is venture backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, Malaysian Life Sciences Capital Fund, and LANXESS, among others. Gevo is one of at least two firms whose roots are in Southern California to hit the markets in the past few months; Sunnyvale-based Inphi Corp.,

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Blue Microphones Gets $2.5M In Line Of Credit

socalTECH

Westlake Village-based Blue Microphones , the manufacturer of both professional and consumer microphones, has scored a new, $2.5M According to Wells Fargo, the funding will go towards growth at the company. line of credit from Wells Fargo & Company. READ MORE>>.

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Study Casts Doubt On Green Vehicle Demand

socalTECH

Despite a huge amount of funding given to electric and hybrid vehicle manufacturers by venture capitalists, a new study from Westlake Village-based J.D. powered 4000 consumers who indicated they will be in the market for a new vehicle within the next one to five years. Power released the results of its 2011 U.S.

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Zumbox Takes $9.7M

socalTECH

Westlake Village-based Zumbox , which is developing an electronic bill payment service, has raised an additional $9.7M in funding, according to a regulatory filing by the firm. Source of the new funding was not disclosed. in funding in August of 2009. The firm previously raised $8.0M

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Zumbox Scores $8M

socalTECH

Westlake Village-based Zumbox , a developer of a system for sending electronic mail to postal addresses, announced today that it has raised $8M in a funding. Zumbox develops a service--aimed at marketers and businesses--to target individuals with electronic mailings, based on their street address, rather than their email inbox.

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